By Dana Brown
I just read an article where some state representative wants to publish all names of lawfully registered gun owners in a state. First this made me mad, then I started thinking, which is a very dangerous thing indeed. I found that I had seen this before permeating across everything I am involved with. This epiphany, emanating from the backlash of “gun rights” to all the freedoms and liberties [...]
London Gold Market Report
from Ben Traynor
Thursday 18 October 2012, 07:45 EDT
Institutions “Losing Enthusiasm for Gold”, ECB Bank Supervision Plan Could Be Illegal say Lawyers
SPOT MARKET gold bullion prices fell towards $1740 per ounce Thursday lunchtime in London, 0.8% down on the week so far, while most European stock indexes also ticked lower ahead of today’s European leaders’ summit in Brussels.
“While [gold] holds below $1758 the risk is to the downside,” says the [...]
From David Galland, Managing Director, Casey Research:
… Personally, I look at Americans and I see a people who have been very effectively brainwashed, or who simply have given in to the entirely human tendency to shuffle unquestioningly onto the path of least resistance and let themselves go.
I see a people who, on a wholesale basis, have consciously or unconsciously decided to trade the idea of America for the false security [...]
From Market Anthropology:
I continue to find the very same behavioral biases that provided prescient contrarians the initial clues (chasing the Greenspan Put – i.e. Moral Hazard) to start moving away from one asset class toward another; on the back side of the cycle – with investors that are anything but contrarian and long past prescient.
In 2000 and 2001, as the pendulum was swinging away from equities towards the safe(r) haven [...]
Today’s military lasers can blind spy satellites or burn enemy vehicles, but tomorrow’s could guide lightning bolts to strike and destroy battlefield targets.
A U.S. Army lab is testing how lasers can create an energized plasma channel in the air — an invisible pathway for electricity to follow. The laser-guided lightning weapon could precisely hit targets such as enemy tanks or unexploded roadside bombs, because such targets represent better conductors for [...]
Here are the facts:
The Fed is failing to meet both of its mandates. Unemployment is still well above where it should be (according to the Fed’s own forecasts) and inflation is trending below its goal of 2%.
Bernanke says the Fed has more tools at its disposal that would help correct both of these shortfalls.
Yet at Wednesday’s meeting, the Fed did the bare minimum, an extension of Operation Twist (buying long bonds and selling [...]
By Andy Xie
BEIJING ( Caixin Online ) — Inflation remains on the rise despite a weak global economy.
The U.S. gross domestic product deflator rose to 2.2% in 2011 from 1.2% in 2010, and China’s rose to 8.3% from 7.4%. Monetary expansion around the world will work into prices. It may inflate some asset prices along the way, but will eventually become inflation through the path [...]
With the gold and silver markets still experiencing turbulence, today King World News interviewed legendary company builder, Rob McEwen, former CEO of Goldcorp and current Chairman & CEO of US Gold. When asked if he sees a coming gold explosion, McEwen responded, “Yes, that’s where every market goes (a mania). It just runs and buyer behavior models kick in where you reject the story outright, then you start to accept it [...]
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Kerry Lutz Interviews Martin A. Armstrong
The Financial Survival Network
Martin Armstrong is back on the show to talk about what’s really happening to the world financial markets. He explains how flimsy the entire Euro structure was from the get-go. He advised the leaders to unify Europe both monetarily and fiscally, but they rejected that advice, rightly believing that theexpanded European Union would never have been approved. [...]
With the July 4 holiday behind us, it’s now 27 days until D-day, with the “D” standing for default, which the Obama Administration assures us the federal government will do on its debts unless Congress increases the nation’s $14.3 debt ceiling before then.
Where do things stand? Pretty much where they did before the holiday, except now there’s even less time.
President Obama gave reporters a status report [...]
Blaming speculators for price surges is beyond short sighted, especially when the proximal cause is infinite supplies of Fed produced liquidity which is merely looking for the path of least resistance to the highest possible returns. Yet it does bring up a point – while in most commodities price surges are short lived, when it comes to crude there is almost never any price [...]
The World is Asking So Many Questions that has brought about a market on the abyss of true change for the better and/or could be far worse. This could be the signal of the Double-Dip Recession or we may sneak out of all this with just a few bumps and empty bank accounts.
It will remain a question for many trying to make sense of when does this new [...]
1. ‘Never Short a Dull Market’ Yes, that old chestnut.
The reasoning behind the ever-popular market maxim is pretty simple: Skeptical investors tend to wait until a market peaks to truly buy in. By that time, it’s too late, and sellers start taking over. When the market is dull and makes quiet moves up, as has been the case for most of 2010, the direction often continues higher.
“People are content to [...]